12,480 borrowers in default on student loans after attending four-year universities in Illinois

DeVry University and American Intercontinental University reported the largest share of borrowers at four-year universities who defaulted on school loans they started repaying in 2014, according to a Higher Education Tribune analysis of federal data.

The analysis uses data, from the U.S. Department of Education, that tracks borrowers at schools receiving federal student aid where the shortest programs earn bachelor’s degrees. The 2014 cohort accounts for borrowers who entered repayment on selected federal loans in the given fiscal year and defaulted before the end of the second fiscal year.